The firm introduced the adjustments in its second quarter earnings, launched Thursday. Dunkin’ described the closures as “real estate portfolio rationalization” and stated the affected locations are in “low-volume sales locations” that solely characterize 2% of its US gross sales as of 2019.
More than half of the closures are in Speedway comfort shops, a change it beforehand introduced in February. These places are set to be closed by the top of this yr.
Dunkin’ ( additionally stated roughly 350 places “may permanently close” outdoors of the US. )
Earlier this week, McDonald’s ( additionally stated it was closing about )200 “low-volume” locations with greater than half being in Walmart ( shops. )